If we look at the chart of XRP, you can see that since the move in fall of 2024, we've had a massive lack of balance on the chart.
We ran up quickly without testing any levels as support.
That makes me think we're going to see the lack of balance get corrected and the same move is now going to happen in the opposite direction.
The $1.04-1.20 region looks like a good area of support to me.
We ran up quickly without testing any levels as support.
That makes me think we're going to see the lack of balance get corrected and the same move is now going to happen in the opposite direction.
The $1.04-1.20 region looks like a good area of support to me.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.